GSK Consumer Healthcare Q3 profit up 20 pc at Rs 163.66 cr
New Delhi: GlaxoSmithKline (GSK) Consumer Healthcare Ltd today reported a 19.97 percent increase in its standalone net profit at Rs 163.66 crore for the quarter ended December 2017, on the back of a strong performance by its flagship health drink brands -- Base Horlicks and Boost.
The company had reported a net profit of Rs 136.41 crore for the October-December period a year ago.
"..Domestic consumer demand led by a revival in rural markets owing to the governments strong focus on rural development and higher spending on health and nutrition will create positive momentum for the sector," he added.
Shares of GSK Consumer Healthcare today settled 1.68 per cent down at Rs 5,961 apiece on BSE